|Job Type:||Full Time|
Corporate – Wealth Management (WM) – Senior Auditor – Associate
The JPMorgan Chase Audit Department is accountable to the Audit and Examining Committee of the Board of Directors, the Office of the Chairman, senior management and our global and local regulators. The global Audit Department has in excess of 1,000 Audit Officers.
Within the Audit Department, the EMEA Asset & Wealth Management (AWM) Audit team is responsible for assessing the adequacy of the control environment across the AWM businesses in EMEA. This is achieved through a program of audit coverage performed and managed by a team of integrated business, technology and corporate sector specialists and coordinated on a global basis with colleagues in the US and Asia.
J.P. Morgan is a global leader in AWM with over $2.5 trillion in assets under supervision, including over $1.7 trillion in actively managed portfolios, and annual revenue of approximately $12 billion. WM provides a full range of services and investments to High & Ultra-High Net Worth individuals. This includes discretionary investment management, brokerage, advisory as well as custody and banking services.
We are looking for a London-based auditor in the WM EMEA Audit team with a strong audit, assurance or controls background at a private bank or financial institution, in particular, with experience reviewing fiduciary or operations activities. The WM Associate position is based in London and responsible for audit coverage of the EMEA Wealth Management business. The role focuses predominantly on Wealth Management businesses in London and other European branches; however, the successful candidate will also have the opportunity to participate in audits covering other areas of the AWM business (for example, the Asset Management), where opportunities arise.
As an Associate of Internal Audit for WM in London, you will also be asked to represent the audit department locally with management, review the audit coverage to ensure local requirements/activities are captured, and help communicate audit findings with local stakeholders. This role will include the opportunity on occasion to manage audits and staff, interacting with senior management and executing planning, fieldwork and reporting. This role provides an opportunity to gain an understanding of the WM business and work with the stakeholders to improve the control environment and implement operational efficiencies.
closely with audit team colleagues to ensure that key risks are identified
and assessed in the program of audit coverage.
in all aspects of audits including risk assessments, audit planning, audit
testing, control evaluation, report drafting and follow up and
verification of issue closure.
risks, evaluate, test and report on the adequacy and effectiveness of
audit work papers and draft audit issues.
audit findings and use judgment to provide an overall opinion on the
audit results and communicate issues to management, identifying
opportunities for improvement in the design and effectiveness of key
computer-assisted auditing tools where applicable to maximize the
efficiency of sampling.
and maintain key relationships with stakeholders, establishing a culture
of engagement while adding value, and attending local governance forums to
represent Internal Audit.
in the department’s Continuous Monitoring program and oversight of
European branches for Wealth Management.
the WM EMEA Audit Directors to construct and review the program of audit
coverage of Wealth Management, in order to effectively capture local
requirements and activities.
the WM EMEA Audit Directors with the maintenance of Audit Plan and
preparation of committee reporting.
and share subject matter expertize within the audit department on
activities and regulatory / fiduciary (OCC 12 CFR9, FCA COBS, MIFID)
requirements, as applicable.
degree or equivalent. Relevant audit/accounting industry qualifications
financial services industry experience, preferably within Audit or risk
and control functions.
experience in one or more of the following areas preferred: wealth
management, trading & brokerage services, fiduciary investment and
administration, asset management or investment products.
- Relevant audit/accounting
(e.g. ACA, CIA etc.), business (e.g. MBA) or industry qualifications (e.g.
CFIRS, CFA, CAIA, FRM, IMC).
of applicable laws and banking regulatory requirements in EMEA.
to manage multiple tasks or audits concurrently in an efficient and
effective manner and with minimal supervision.
audit work in accordance with department and professional standards and
complete assignments in an efficient manner.
skills in time management and problem solving.
communication (i.e., verbal and written) and interpersonal skills, with
the ability to present complex and sensitive issues to senior management
and influence change.
to travel as required (up to 25% within EMEA).
About J.P. Morgan Chase & Co:
J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its JPMorgan and Chase, and WaMu brands.
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer and a member of the UK Government’s Disability Confident Scheme.
To be considered for this role, you may be required to complete the video interview powered By HireVue.